COMMERCIAL ITEMS
Vz-.'-'v^NVESTMENTBEAEES^. V;. . Thd salee , of'investment shares* recorded .yesleraay :werc: National-Bank, £ 5 16s. 6d.';;.Meaf. i 'Export'(£4), at '£5 Iβ.; Union Steam, ordinary, 245. 9d.,, preference 205.! Bd. The r quotations '. were '' as, f ollowV— • ; -. ■.-.■'■- -;-.W' "'■'■"■: : '■':; •■■■■■'-. SeUera. .-'. :■.:■...:.;£:..■ r ,: -. £ β-d. • £- s .d: ■Bank: N:Z.-'-(665. 8d.) ; '.;.... 10 17 0 10 18 0 Bank'N.Z;:(£6,.l3s. «.)... .-T .. 17-. 1 0 Plato ... 2 IL.O - ' Well.''Truet"and . Loan ..V 7. 5 6 ■ 7 l', 0 Ohristeluirch "Gas ■.....■.'.'..' T' i'.f. ■•' '7 : 7 0 ■ Peildinß-vflaet-;;.':;.;: , ,.'....'.:..' 0 -2ro. ■ • ".'•—.-■ Wellingtoii-Gag .(£10) ...... 16 7 6 '■.'■—" - N.Z.'lnenrailce .........'...... —'--.■ 6 8 6 'Meat Export (525. 6d.) ..... —~: -J--3- 6. TJnidh'; Steam.:,(ord.)' ...... 1 ; 4' 6" — ' ...;.. 10 i 1 o'9 WcstpqrtrOoal ....,„...;;.;., 19 6 -,'•■ ,— ' Westpo'r^StbcKton■...:.'..' 0 2 6-0 3 3 Loyland-O'Brien ....•.:..'...;'—.' 13 3 D.l.O.".(preference) ' ,"• — I' 2 6 Ward- and., Co. ..;.,..... 5(0 0 ■■■■'- '; ' .f 6. 0 •;.;;:;;;wojql^;';skins, i :a'nd;;Hidbs. : . . ,'.{ Jfessfslj.Hupfayl Eoberts: and"'■ Co., Ltd.,' Tcport;»thatVAhey submitted '350 bales of •wool, •..•princitj&lly crutchings, including' some well-gowip station ' linoe, which broueht''oxceptionally. high figures, the top nncc:.l)ei3re ; 9Jd.;porlb., while several parcels - reached 9d. and 9Jd.per lb. Godd medium unsorted, brought from 8d;..w..3j[a., while• seedy : and infoi'ior conditioned -lots mado.. up to 7id. There was:;'\;efy'.'.'lilUb' difference in ' prices hesale : and .'■ that' of'las't month)-..values-being probably throughout par to ttifarthing lower. Sheepskins were firm. , end hidee sold much 'about the same level/fts '"'df'la-te, ■ taking , inte coneidcratioa' the,-appea.rinice• of these,' owing to the damp ■ weather,-!affecting- eeme. ■ . Dalgety flnd--.Co.mpany, Ltd,, report -ke*n competition'f; thio'ugoout, " i The,' flWllty; pi
crutchings' offered ivas superior to that of last ' sale,: prices,'however, -being easier by about id.-per lb./Skins-and hides met-with | a _ ready -demand; prices:'being, on a. par with;those, ruling at laet sale,, whilst tallow.'. in sympathy . with the London mar- . ket, wae slightly easier;'; . Measrs. W. and G. Turnbull and Co., -Ltd., report'tho,t.-compared with,.the June sale 'mnitcliings ' were islight|ly easier., Sheepskins'ana'tallow: were'on a par with 'late, rates. .. " " The following is ;an indication' of prices •rulin'g:— '-' • -.1. .Wool.—Crossbred, ,-. ; fine, 9Jd. to : ' 101 d *;. -medium coarse,"- 9d. - to, :10d.;, pieces and-, bellies,, 6d. to Bd.; locksand stained pieces,' 5d.. to 6d.; .crutchings, ■ superior 830.i to 9Jd., medium to good, Bd. to 83d., sesdy- and inferior, 3d. to '7id.;' 'lambs, IM.'. to 'lOJd;; -dead, 9d... '; ; '.'V ; Sheepskins.—Halfbred,.. BJd. to 9d.: fine , crossbred, 83d. to 9Jd.; ; medium and coarse crossbred, Ba. to 'Bid'.: short to' half wools, 7id. to- Bd.';' dead and damaged: crossbred,, ?6}d; to 73d.; inferior and fbndly'damaged,• la. to : 83d.;, damp,-salt-ed.and green,' 4s. 6d." to 95.; peltci, t-o ,6jd .)■; . s Hides—Ox, heavy, 9d. to ,9jd.; ox, med'iuh, "83<C to 8 7-8d.; ; :ox, light, 8, 5-Bd. -to :83d.; cow, heavy, BJd. to 83d.; cow, medium, -73d. to' 8%d.; cow, light, 7Jd. to £;d-; ; cut, .'slippy, and inferior,.'6d. to, Bid.; bull; staff, ■53d. to 7d;i yearlings,: Bd. to 8 7-Bd.; calf,'superior, 10|d.-Vto 11d.;.-calf,: ;damager, jfl, to 7d. . Tallow.—ln tins, 21s. to 235. 9d. ■■ - '/Sundries—Babbit 1 skins, llSd.; opossum skins.',2a. 6'd.: to ss.{ horse-hair, Is. 6d. to Is. 7id.; horns. 16s. to ,235.: . ' : : ■ LONDON MAHKETS. Dalprety and Co., Limited, have received cabled, advice from-' their London-. office, dated. July; 9,- reading.. as follows;— Frozen meat; The-market 1 is dull.. Any ohange-in-prices -is \in favour of buyers.- Talloiv: Goodicolour, mixed,- or beef, is 3d. per cwt. lower; other descriptions, 6d.. per cwt. lower:.'Bitbbit skins: Since our-last >ible £ rices are",'id; to Id. per lb. lower, du'erlgs. at,' the-sales are'.9Co:halea., '-; I.ONDOX WOOL SALES. , ' " ' . ANIMATED BIDDING.; ■'By Telegraph—Press • . " ■-•.•"•..Londoni-July:9.;' !At' the wool; sales ■there wn.s'-.animated 'bidding. Merinos"wefe>from.:.s'-,t0:,.7A per, ;cent.' higher,: than; at tne'-May, isales. Oroas-" 'brecU;-were,;firm.' " ' ' , -■ .'.'"y V-,',;:' \f; NEW ZKALANI) iCLIP .PRICES. . (Rcc. July 10, 8/0 p.m.) ■ . ; . /London, July 10. , ; ::At .the - wool -sales,the following -prices were xeali-sed for the fleece portions of the Zealand clips .named:—Hakitinamatop', price, 15Jd.i average.price 143 d.; -Mount iView, ,top lfjd., 1 . average 10 6^Bd;:. Tibi; top' ,13d.; average 12 l-Bd.; . Taratai; ;top 14Jd., average 12 l-Bd. -V:.' .' 1 . ■ Messrs. Dalgety and Company, limited, i Wellington-,'.' have,- received cablcd advice "from. ; their _ Loudon office. , dated '.' July 9, reading as follows:—Wool saleß -continue - andcompetition, is'. -bitfsk ,for' all ;good.wools. English buyers are the cipal'/.operators,' . and -.-'America-* is, buying freley: good conditioned fine and - medium -quality crossbred Jwools. ', Merino .wools, greasy,: 5 per cent;'higher, scoured-rather higher'.' fine scoured crossbred wools 5 - per cent.,;higher; -other:;descriptions : scoured, unchanged. . For'fine crossbred, slipe. wools prices are unchanged; medium and'eoarse,: crossbred slipes, change, if- any in : buyers!' favour.: Lambe" \jool,; prices rather.- lower, : .'especially, seedy w(X)I6.-;. .- r ; .- t■■ Messrs.- Levin ojii Oo.,'.jLt<3.;''.-haVe',rec'eiv-cd:cable advice froirc.their agents in.-Lon--don that the followingA;cUtJs' .have, been sold','on their ;accouht 'dt' tlie'.' sales'.' now current, tho prices named: being ' the':average ;prico realised Ifleece '.'wool in each '-.instonoei—AGPyHAPttA, JTastertort, ; at. 11 3-16 d.:: JM/'WHU,': Itasterton, ..at • 10 15-16 d.; GnW, -llasfcrtori, at. lljd.;'-S in ,-Circle.lt, Bonny Glen, at.lUd.; D;arrow .R, at 10 3-8 d;; PSG. .Masterton. at lid.; MAHAKI, .Martinborough, at'.Uld.': ,A<tS/N,.- Nelson, ■Gfc 'SJH.;'. WMAA .witli, cross keys, 'Cdstlepoint,: at- llid^; ItEWA' REWA, Tenui; -at lUd.; -AYONDALE/M,- Masterton,' at-.11 ■ at : .10 U-16d.; .RAN, -Masterton, . ;at. ','.lid : K/OHATT, Ohau, at. 9 11-16 d.; F in- diamond, 'Blenheim, at. 11 9-16 d. / ~~, ~ - ' .' —•■•fi-.Mio n'Hwno a ■'';,i. • SILYKBP .. London, > July '9. ;.-'Bap., silver Is .'quoted;' at. .25,' 13-16 d- ,'pei;our.ee .standard, .7'.,. .' V-VIOTOKIAN. PEODTJCE ,jrARKETS.''' : Molbolirns, July ! 10. . ■ : Wheat. :3s. 10Jd:;.-' flour,'. £9;' oats; 2s. "to2s. -Zid.; barley. E-ngllsh maltmg 3a- to is. 9d., Capo'2s..2d." to' 2s. 4id.'; 'maize,;;3s..2Jd.;'bran, £5 ,10s.-;,,pollard, £5 155.;- -potatoes,' :£3 55..,t0; £4.105.;.':0hi6n5,: £6;.105.V;.v';-'.'i ■.-' BANK OP ENGLAND RETURN -By Tolecraph—Press Asooonition—CopyTighl- • - - ■ ■ (Rec. - July 10, 8.40 p.m.)! • London, July. 10. The Bank of England return ■ issued for tlio.- week - ended Wednesday, July 8, is as uiidor' ■'; ■' I>S*E DEFUIXMIST , > i'KeU lira* is6,3s3,o6o;;'G'ov.i«bt''', |£ij,015,000'" ;; :#tlwvseouri';:>v- "' : ; 1; - tioj,-...' - 7.434.000 ! J.-..'.V- ; ,;-V : X 56,353.000 -, , ... .: BiNXiNa 7 '■ 'Fr»prl«t»ri': •; Govt, seourl- ■''■ ■'/ capital, , 553,000 .'.tl«s.'..'-' ... 11,0051000 .fubliodfl- \ ' 'V Btht:raecuri- - - ; :D0.a1t5....12,650,000 vio«,„ 34,832,000 .'Other di-' ■■'*' -. ■ , ' . peslts ... 43.788.000.:', N«tn- -26,822,000 'Rest,7-day -•* . * -. • - undotiw:'■■■■ --' ' ' V y:- ' bi1153,435,00a, , C«ia ... .....-1.597.000: . ' ' £74,356,000 , '. Th» leading itoms.ol the -Bank of England return afford.the following oompart •on:— ■: " -..Thisw««k .Lastw««k Lastycar, - Bnliion 1} '37,904,000 1-38.476.000 .- R«l»rv«'...--:' ... 28.519,000 28.749.000 28.230.000 Nots circulation 19,531.000 39.784,000 -29.621.000 '■FoblioOepoaUs •'' '1X580900 '17.07'2.0C0 10.734,000' ■ Other DeposUa. 43.788.000.'64,551.000 , 41.057.000 Proportion of . reserve ta . llttbilltiM . '.'50.58' :' 40.13 50.23 - GOTEENMENT SEOUBITIEB. - : - :Tho following ere tho lato'Bt'qubtationß .for Qovernm«it. : BecurilieS''vritM<hoomiiaii' ; ; son: of 'those ruling laet' week':— .'
EUROPEAN MONEY. : MARKET. '■ ..' The. Bank of England rate was, on. February 8, 1912, reduced, from, 4' to 3J :per. ;cent., and-on.'May s.itwaa further-reduced' >to 3:per cent.: On August 2? it was raised ;tp .4'. per ccnt.,'«nd_on- october ;1 17 'to- 5 (per'cent. It was roduced'to 4J.pcr cent.' on ;April'l7, 1913. •Oα iOctober'2,'' 1913, it; was -.roisedto 5 per cent,,, on. January 2, 1914, it.wae Teduced cent., on January !22 to. 4 .per, cent.,. and 'on.. January.29, to 3 percent'.'. ■■' ■ .\ : ' ''' , :;,:, . ' ' 1 'The Dank of France rate- was reduced from 31 to 3\per cent; on February 23,-1908, ■ and continued at rthe latter-'fieure until September 12.' 19111 when it was raised to. :3i percent.: On-Mdy'17,.1912, it was.reduced to 3'perecnt.i on' October 17, it was raised:to 34 per cent.; ond on October 30 to 4 peT cent.' On January 29. 1914, the ratewas reduced,to 3J per cent.! . .■>' ' The Imperial Bank of Germany, on Octoiber 24, 1912, adganced its rate of discount' to 5 per cent.;~and to. 6 per cent, on Nofvember 14; 'On October .27, .1913, tho rate was reduced t<i 3J- per cent., on January 22, 1914, it was reduced to 4J. per cent., end ■on February 5 to',4 per.cent. { , MAKKBT BATE OF ;DISCOUNT. ':..'.'' The following are thq : market rates* for best three months'bills:—: • ■ . ; : !. .;.. . .London Paris Berlin' ':■. ■':'■■•■ rate. rate. /rate. ' -.' • ' .■'.'•' nor. per .'per ■ .-'■■'.■■■ . cent.'., cent. cent.' . .This.'week ......'... 2 • 2 5-8 21 ■ Last week 2 ' 2 1-8 2J.- ..■ Last'year 45-I6 33 .; .4a ; Short loans aro quoted at , IJ'.' per.rccnt., as-against 1J per cent laet week, and i per cent, last year. : ' ■'■■■:. :.. CPLONIAL "AND- OTHER. PRODDCE, .. ■ ■ Wheat.—The l market ia quiet-and easier-. Australian,.on 6901,. Ie auoted at 2Si, Jd. per 'Quarteti' ' ■': . ' '-. :
Hour ie quiet. Australian, ci store. Z&s. Oats.—The market is steady. La Plata, July-August shipment, lfc. 6d.j Gartone, June-July shipment, 21a. ... ■", Beans and pens are firm, but business is quiet. .- .-■' . .' ' "■.■,■.• -;. :-.. Butter.—Tlio market is firmer. D&nlsn' is quoted at 122e. to 124 a. There Iβ more inquiry for colonial;. Australian, lOte. to 10W.: exceptional lots, 108s.; unealted, 106s. to 108s.; exceptional lots, llOs. New. Zealand;, : nominally; '.112s. -to' 114s'.' lor : s«Jte<t;and 116s. to 118s. for unsalt«d. . -. ' Ohoese— Tho market Iβ' ilrmer.: New Zealand, coloured Uβ., . white '65e. • Bacon.—The market has . improved. Auetrahan, Cumberland flitoliee eold at 525. to 5*3. .-• ■ ■■ . ._.- . . .;.;.■ . . Sugar— German boot 86 per cent, net litre, 3d. lower, at ?s. 3d. w<r cwt.; firEt mark granulated, f.o.b. Hamburg, ljd lowor. at Us. 4|d. "' ,'Bradford Tops—Merinos and fine crossbred counts aro higher, and low are firm andjiiuchangcd.. Sixty-four, 3Zd.| super sixties, 3td.; common eixties, 30Se.; fifty-sixes, 245 d.; fifties, Zld.; forty-sixes,. 175. ; forties, 16d. -. • ■ . ; . . \ : . .. TEE. METAL " ; Copper, on spot, 2e. 6d. higher, at£6l'lJ9. td.'.per ton;-three months, ss. higher, at 355. higher, at £64 Us; ■•, : Tin;.:on spot, £7.155. higher, at £W7 ss. per ton; 'three months, £7 10s. higher, at £148 15s. ..'..:- ;■ Pie Iron..—Middlesboro', No. 3, 4d. higher, at.-ole:'6d. per ton. ,'■■■ lie.ad.—Soft, foreign, £19 13s. 9d. per ton. Spelter.—ss. loww, at £21-ss. per ton.
■ V- y . | Vfcn*U»:i ;• ;compaud . : vPrici.-' ./ with • ' " ■' " I»«t Tf«ek. V- "// >> .£ «..d,'. : ii% Imperial Consols 75 15 0 15s higher A : •„K.8.'W.1033Jan.Tju1y 100. 0-0 '.Unchanged' ' 41 :„N.SAV.1830-50Mr.-Sp 100. 0 0 Unchanged ■3i „N.S.W.-l03O-5U . : 88 0 0 'Unchanged • 3 .N.S.W;1925Al>l.-Oot 83 0 0 Unchanged . 4.., ( Vici 2920 Ja'n.-Jnly ; 'loo ,0 ,0 ' .Unchanged' ,3i „Vic. 1021-6 Jan.-Jaly .Q5. 0 0 Unchai:>;ecl ■8J.„YIc;-I8HM0. , .89.0.0 'Unohanged 8 „Vio.lS29-40Jan.-July .to 0 0 UnchangedSi t ,S,A.-1916 Jan.-July 80 0 0 Unchanged 3 ,8 A 11)16Jon;July - ,74 0 0 Unchanged 4 . ,.Q'rdl915-U< Jan.-July 100 0 0 Unchanged '34 Q'1 1 d 192'2-i7Jnn.-JuIy .05 0 . 0 Unchanged' A ,.Q I d lUU2*47Jau.-tJuly ■ 79 0 0- vUnchanged .4 ,.N.Z. 1929May-Nov. ...69..2 ,6. / Unchanged ;8i ,.N,Z. 1912-40Jan.-Juiy 89 0 '.0 Unohanged a ,.N.Z". 192U April-Oct. ; 80 0 - 0 Ulnohahged: Si ,,\Y.A,1015-36May-Noy', 92 <'0 0 Unchanged 3 „W.A,1016-35May-N«r 87 «: 0 , Unohanged 3i „Tas. ISHOJan.-July CO 0 0, Unchanged 3. „'l.as,1920-40 Jan.-July W O 8' Unchanged
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Dominion, Volume 7, Issue 2199, 11 July 1914, Page 8
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1,651COMMERCIAL ITEMS Dominion, Volume 7, Issue 2199, 11 July 1914, Page 8
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